Singapore attracted about $17.2 billion in fixed asset investments in 2020, despite weathering its worst recession since independence as a result of the Covid-19 pandemic. This beat the Economic Development Board's medium- to long-term target of $8 billion to $10 billion and exceeded 2019's haul of $15.2 billion in fixed asset investments. Jillian Lim, Executive Vice President, Singapore Economic Development Board shares more about EDB’s year in review report which was just released and the global outlook for 2021.

<p>Singapore attracted about $17.2 billion in fixed asset investments in 2020, despite weathering its worst recession since independence as a result of the Covid-19 pandemic. This beat the Economic Development Board's medium- to long-term target of $8 billion to $10 billion and exceeded 2019's haul of $15.2 billion in fixed asset investments. <strong>Jillian Lim, Executive Vice President, Singapore Economic Development Board</strong> shares more about EDB&rsquo;s year in review report which was just released and the global outlook for 2021.</p>

Advertisement